Sentences with phrase «food inflation»

"Food inflation" is a term used to describe the increase in the overall cost of food over time. It means that the prices of different food items are rising, making it more expensive for people to buy the food they need. Full definition
Whilst far below wider food inflation rates, it was a timely reminder of the importance of increasing take up of healthy school meals if we're going to keep them affordable for everyone.
Key risks include higher or lower food inflation or increased competition from the large supermarkets.
The department issued its latest monthly projection for 2011 food inflation today, leaving its estimate unchanged at 3 percent to 4 percent.
I think things are starting to alleviate, partly because of factors such as food inflation now being very low.
She wants the PM to «spare me the lecture» and tell us what he's doing about food inflation.
These evidence indicate that drought will upset the government's efforts of increasing agricultural production, ensuring food security and controlling food inflation.
These figures simply show how Australian consumers are being punished by the grocery duopoly with some of the highest rates of food inflation in the developed world.
Grocers increasingly are focusing on their discount formats as consumers look for bargains after months of food inflation in such categories as meat and fresh fruits and vegetables.
Concerned over high food inflation, the food ministry said on Monday that it would brainstorm with the finance and agriculture ministries to identify areas putting pressure on prices and work out a solution to contain inflation.
Groups like the New Brunswick Food Security Action Network have raised concerns about the impact of food inflation on low - income and fixed - income households.
A Canadian food inflation rebate program could be as simple as issuing a fifth rebate cheque in 2016, which would provide an extra $ 1 billion to the families that need it the most (and would be most likely to spend the money quickly, thus stimulating the economy).
Restaurants are often laggards when it comes to adopting new technology, but rising labor costs due to higher minimum wage and labor shortages coupled with food inflation has some looking to solutions that can provide some relief from the increased pressure on already tight margins.
TORONTO — The CEO of Metro said Friday the grocery chain is committed to passing savings on to its customers if food inflation continues to subside.
The Montreal - based company's internal food inflation measure fell to 1.5 per cent — down from 2.8 and three per cent in its first and second quarters, respectively.
Well, the anecdote dates from 17 years ago when cat food was much cheaper (I do not know what has fuelled the cat food inflation over the last decade but it's been nuts).
While on - going droughts across North America will undoubtedly fuel food inflation, action will be taken to manage cost spikes, Maple Leaf CEO says.
The current rate of food inflation at 1.8 % may be running below the general inflation rate of 2.1 % (quarter one of 2017), but our survey found some packaged grocery prices have risen well above this.
The cheques do not have to be tied in the public's mind to the GST credit; call it the Canada Food Inflation Rebate (CFIR), but piggyback it off of the existing infrastructure provided by the GST credit program.
It's likely Ontario's restaurant food inflation will continue to rise, he said, as price - sensitive restaurateurs realize they did not increase prices enough initially or learn they did not account for the costs of other new legislation, including new rules around vacation and holiday pay.
Ontario restaurants hiking menu prices after the province raised its minimum wage this year were likely responsible for pushing January food inflation to its highest annualized increase in nearly two years.
Restaurant price hikes led overall food inflation higher.
Meanwhile, the same dynamic in digital food delivery could depress food inflation across the board; one of the nation's largest brick - and - mortar grocers is already poised to drop prices in response.
Soya's wide range of use as feed for cows, sheep, pigs and poultry — and as a source for oil used in foodstuffs such as biscuits and cakes — means its high price could trigger food inflation fears.
The price of soya beans is heading towards the record high set during the 2007 - 08 food crisis, which is set to reignite fears of runaway global food inflation.
• «Food Inflation Kept Hidden in Tinier Bags,» reports the New York Times.
«While we made excellent progress in the quarter, we are heading into challenging commodity markets driven by drought conditions throughout North America that will fuel further food inflation,» Michael H. McCain, president and CEO of Maple Leaf Foods, said.
Sustainable agriculture has a role in improving the environmental and social footprint of food products, while reducing food waste can expand the supply base, reduce food inflation, as well as improve food security.
ACCC Chair Graeme Samuel «called for a reality check in the debate around food inflation and the dominance of two players in the grocery market, when he addressed the National Retail Forum in Melbourne today.»
The pressure group is staging a protest at the Barclays annual meeting today to highlight the issue of rampant food inflation, which has pushed a further 40million people into poverty since last June, according to World Bank estimates.
This month's Foodservice Price Index, produced by CGA and Prestige Foodservice, reveals that food inflation hit 7 % in the 12 months to July 2017, down from its previous level of 8.8 % in June 2017 and 9 % in May.
While food inflation may help to stabilise margins, a less favourable regulatory environment will make it tough for supermarkets to expand margins.
He would have us believe that the cheap RMB means China is growing too fast and that's what's causing food inflation.
«Between 2009 - 2012 food inflation ran at about 32 %.
The outlook is not all negative, Dive adds, with rising food inflation a plus for supermarket investors.
While this has been going on, however, Tesco has put pressure on suppliers to keep prices down in an attempt to absorb some of the 3 % food inflation forecast for the UK.
On January 28, he joined millions of protesters on streets across Egypt, home to one of the world's fastest food inflation rates, in an uprising that toppled President Hosni Mubarak.
The year - on - year food inflation rate for the current month stood at 9.3 percent higher than what was recorded in October 2016 which recorded 8.7 percent, as it inched up by 6 percent.
Also, the non — food inflation group went up to 18.7 percent in November 2016, over 100percent of the 9.3 percent which was recorded in the previous month.
In the fourth quarter of 2015, Loblaw's internal food inflation outpaced the CPI's 4.1 per cent jump, according to the company's financial reports.
«The quarter was marked by rapidly declining food inflation,» La Fleche said in a conference call with analysts following the release of Metro's results.
The school's Food Institute estimates food inflation in 2015 cost the average Canadian household an extra $ 325 this year.
When food inflation is rising along with incremental increases in core inflation, however, the Fed can be expected to take this into consideration.
He said it's been a unique year for food prices, in which food inflation rates started above normal before entering into a period of deflation.
A spike in vegetable prices has fanned food inflation in India, where prices last month were 7 percent higher than a year earlier.
Namely, supermarket profit margins never appeared to be dented and food inflation continued to creep upwards.
The current quarter inflation experienced by Sysco is lower than the 8 % it experienced last quarter, and it is unlikely that high food inflation will stay high for a very long time.
«The strength of the economy in both Quebec and Ontario, combined with low food inflation, currently favour the full - service supermarket, and we are pleased with the performance of the Metro banner in both provinces,» CEO Eric La Fleche said Tuesday during a conference call about its second - quarter results.
The global food industry is currently experiencing its third bout of food inflation in five years because of poor agricultural harvests in the United States, Russia and South America.

Phrases with «food inflation»

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